Business

Construction begins on Holding Village in Wake Forest

Reader & Partners have begun construction of Holding Village, a Wake Forest development that is to include a mix of single-family homes, apartments and retail.

The development is next to Heritage, the best-selling residential community in the Triangle in recent years, which is now building its final phase.

Holding Village is approved for up to 850 single-family homes and townhomes and 350 apartments. The first phase of development will include 374 single-family homes and cover 94 acres of the 250-acre site.

Reader spun out of Charlotte-based Crosland in 2011. In the Triangle the company is also behind Bethpage, a master-planned development off Page Road near Research Triangle Park that will include an age-restrictive community for seniors, as well as apartments, office and retail space.

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